ASEAL (Asia-Europe Alliance),
which was launched in 2004 by the governments and private
e-trade
firms of four countries, Korea, France, U.K. and Germany,
to pursue paperless trade development and cooperation, is
expanding into an organization that transcends the e-trade
network between Korea and Europe. On January 14, the Ministry
of Commerce....

The Korean government this
year is expected to offer loans worth 426 billion won (US$453
million) to companies and state-run developers planning to
explore natural resources abroad. Korea’s Ministry of Commerce,
Industry and Energy (MOCIE) and Ministry of Planning and Budget
(MPB) said government loans for local developers going overseas
will increase nearly 60% from the 269 billion won...